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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Manchester at 87 Chew Rd, Manchester, GA, 31816 priced at $319,900 converts $1,140/mo rent into after a $1,566/mo obligation. Total monthly income equals $1,140/mo. Return on cash invested prints 10.77% in year one, and rental yield reads 4.28% against a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation compiles into $88,382 by year five. Five-year ROI reaches 53.72% and total cumulative return in cash sums $56,972. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,140/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 2024
2.68 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31816, Manchester, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,503 (100%) |
| Owner Occupied HU | 1,376 (55.0%) |
| Renter Occupied HU | 784 (31.3%) |
| Vacant Housing Units | 343 (13.7%) |
| Median Home Value | $155,060 |
| Average Home Value | $202,373 |
Residential
2,106
Single Family
2,106
Multi-Family
0
Businesses
246
Date | Event | Price |
|---|---|---|
| 2024-04-25 | Listed for sale | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-16 | $78.39 | -3.83% | $2,360 | N/A |
| 2022-09-16 | $81.51 | -2.24% | $2,360 | N/A |
| 2021-09-16 | $83.38 | -0.30% | $2,360 | N/A |
Listed by: Monica Evans • Evans Realty
Mls Name: CBORGA
Mls Provider:
Mls ID: #211394
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
